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Prices Paid: Buying & Leasing Experiences Mercedes Benz GL-Class Lease Questions
118 messages, Last post on Nov 23, 2009 at 2:50 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| Anybody lease a GL450 recently? Trying to get a feel for what kind of money factor and discount off MSRP people are getting. | |
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Replying to: aleksisa (Apr 21, 2008 4:38 am) |
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I live in Northern NJ and wanted to know if anyone had finance or leased a GL550 recently. If so could you please provide prices that you were able to get.
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Replying to: audi42 (Jun 03, 2008 7:43 am)
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Replying to: banker71 (Jun 03, 2008 7:51 am)
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Replying to: audi42 (Jun 03, 2008 9:01 am) |
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Originally posted this in the "experience" forum, but it's probably better suited for this forum. Can someone provide the MF and the residual value % for both the GL 320 and the GL450 for 12k miles per year at 30/33/36/39 terms (whatever is best)? I'm looking at leasing one this week and would like to know where I should be at a payment amount. While I'm in the Chicago area, I'm in Will county and not subject to the Chicago lease tax (although I do have to pay the state of IL sales tax on the full purchase amount). Last question would be recent purchase experiences (dollars off MSRP). I'm eyeing a GL that's stickering at $70.9k, getting a price of a couple of k's below that. Thanks John |
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| Can someone provide Mercedes' October residual and MF for 2009 GL450, 36 months, 15K miles/year in the MD/VA/DC market (if that matters). Thanks!!! | |
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For those who are looking to do a lease on ANY vehicle, here is the FORMULA to do ANY lease! All you do is change my numbers to your numbers. , Mercedes Benz 2009 GL PK2 Our offer is as follows: MSRP: $69080.00 MSRP: $69,080.00 Minus Rebate: $ 4000.00 Residual: X 51% ---------------- --------------- $65,080.00 $35,230.80 Residual Besides Rebate, an Additional:$ 4,000.00 ---------------- Selling Price: $61,080.00 ____________________________________________________________________________ Selling Price: $61,080.00 Minus Residual: $35,230.80 ---------------- $25,849.20 (This is the amount that is use for lease payments) Lease amount: $25,849.20 Lease Payment: $718.03 Divide by 36 months Times (X) Interest rate 1.8% Money Factor .00075 X 2400 --------------- ------------ Lease Payment $718.03 Monthly $12.92 per month interest rate Monthly lease payment $718.03 + Interest Rate $12.92 = $ 730.95 PLUS Tax $730.95 X 5.6% Tax = $40.93 $730.95 ( + ) Plus Tax $40.93 = $771.88 Total lease payment per month 36 months and 15,000 miles per year. As far as a Rebate Tax: $4000 X 5.6% = $ 224.00 I will pay the tax rebate up front. That way I dont have to pay Interest on a Tax Rebate to a Bank / Lender. As for the acquisition fee of $ 895.00 (Extra profit to the bank / dealer ) for doing this deal / paperwork), It needs to be taking out of the deal. NO CHARGE. I will bring the following to close this deal: 1- First Month $771.88 2- Tittle Fees $ 69.50 3- CVR Fee $ 19.50 4- Lic. Fee $ 4.00 5- Service Fee $129.00 (This is another fee just like the acquisition fee to the dealer / profit) 6- Rebate Tax $224.00 Up front, not included on the lease payments. Finally, The total amount Up-front (DOWN PAYMENT) will be $1,217.88 AT THE PENNY!!!! And GUESS WHAT? They will go Bananas!! Don't let a dealer rip you OFF!!!
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